Atlas Battery (Pakistan) Price on December 4, 2024
| ATBA Stock | 398.98 4.22 1.07% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Battery stands at 398.98, as last reported on the 11th of December 2024, with the highest price reaching 404.99 and the lowest price hitting 395.00 during the day. Atlas Battery appears to be very steady, given 3 months investment horizon. Atlas Battery secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Atlas Battery, which you can use to evaluate the volatility of the firm. Please makes use of Atlas Battery's Downside Deviation of 1.52, mean deviation of 1.43, and Risk Adjusted Performance of 0.0772 to double-check if our risk estimates are consistent with your expectations.
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = 0.1008
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Atlas Battery is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlas Battery by adding it to a well-diversified portfolio.
Atlas Battery Valuation on December 4, 2024
It is possible to determine the worth of Atlas Battery on a given historical date. On December 4, 2024 Atlas was worth 370.51 at the beginning of the trading date compared to the closed value of 375.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Battery stock. Still, in general, we apply an absolute valuation method to find Atlas Battery's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atlas Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Battery's related companies.
| Open | High | Low | Close | Volume | |
| 371.00 | 377.00 | 368.52 | 374.46 | 52,349 | |
12/04/2024 | 370.51 | 376.90 | 370.00 | 375.01 | 233,579 |
| 376.80 | 388.00 | 375.00 | 381.30 | 90,397 |
| Backtest Atlas Battery | | | Atlas Battery History | Previous | Next |
Atlas Battery Trading Date Momentum on December 4, 2024
| On December 05 2024 Atlas Battery was traded for 381.30 at the closing time. The highest price during the trading period was 388.00 and the lowest recorded bid was listed for 375.00 . The volume for the day was 90.4 K. This history from December 5, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.68% . The overall trading delta to the current price is 5.33% . |
Price Boundaries
Atlas Battery Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Atlas Battery December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Battery shares will generate the highest return on investment. By undertsting and applying Atlas Battery stock market strength indicators, traders can identify Atlas Battery entry and exit signals to maximize returns
Atlas Battery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Battery's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0772 | |||
| Jensen Alpha | 0.1863 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0519 | |||
| Treynor Ratio | 3.09 |
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| Volume Indicators |
Complementary Tools for Atlas Stock analysis
When running Atlas Battery's price analysis, check to measure Atlas Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlas Battery is operating at the current time. Most of Atlas Battery's value examination focuses on studying past and present price action to predict the probability of Atlas Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Battery's price. Additionally, you may evaluate how the addition of Atlas Battery to your portfolios can decrease your overall portfolio volatility.
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